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InVivo Therapeutics Holdings Corp. Message Board

  • seekingprofits247 seekingprofits247 Aug 2, 2013 1:30 PM Flag

    Who in the World is Sean Moran?

    We all know that Frank is currently the CFO; however, who was the CFO before Frank? Sean Moran. Sean Moran was hired as Invivo's Chief Financial Officer in September 2010. Care to guess who Sean currently works for? You got it. Invivo. Care to know what his position is? Well I'll let Frank do all the talking. Take it away Frank!

    “My thanks to our Director of Finance, Sean Moran, and his team, Albert Pasakarnis, Brian Luque, and Tatiana Monteiro, who are tasked with executing on plan and under budget every day. Their efforts, along with great legal representation from Greenberg Traurig, have allowed us to maximize ROI around our cash investments in R&D. We’ve delivered a 10x return to investors based on cash spend, and, as the largest shareholder of InVivo, I’m certain we’ll continue our obsession with ROI-based spending while we prepare to support revenue-generating products in 2014.” - Jun 5, 2013.

    So if one of the issues is the CFO position, looks like they might be able to resolve that one pretty quickly. Bing it, Google it, or Yahoo! it for yourself.

    Here's old snippet from a news release back on September 26, 2010.

    -InVivo Therapeutics Corporation announced today that Sean Moran has joined InVivo’s management team as Chief Financial Officer. In this newly created position, Moran will play a key leadership role as the company continues to drive the development and commercialization of its novel biopolymer scaffolding device for the treatment of spinal cord injury.

    Sentiment: Strong Buy

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